The third point concluded the investors to acquire a 100 % share of shares in Malibu Life Reinsulation SPC (Malibu Life Re) from Malibu Life Holdings.
The financial conditions of the treatment have not been revealed.
Malibu Life Holdings is fully owned by Fund Fund Fund Master Fund and Malibu Life as a life -licensed and Wunoy company in the Cayman Islands.
The director of alternative assets, based in the United States Proven Malibu Life Return in May 2024.
In May this year, investors from the third point I suggest the merging of all participation With Malibu Life Re Establishing a fully listed reinsurance company in London.
“Today is a milestone sign as TPIL completes the acquisition of Malibu Life, to create a fully insured operating company,” said Dimitri Golands, head of the third point team.
“The council is happy to bring the company to the London market, where Malibu provides investors a unique and attractive opportunity to reach the fixed installment market of $ 1 in the United States, through a firm reinsurance platform with an experienced and able management team.”
As part of this deal, the third investors announced the acceptance of 21,426,808 ordinary shares for the ESCC category, which became available for trading in the main market for the London Stock Exchange on September 12.
In addition, Third Point Investors Limited has released 1,868,805 ordinary shares for Malibu Life Holdings, which represents about 95 % of total consider acquisitions.
“With the completion of the strategic transformation, the focus is on the disciplined implementation of the work plan, which indicates the growth growth of the addition of additional reinsurance contracts in addition to building internal construction capabilities,” Goulandris added.
“The company targets about $ 5 billion in high annual income and annual returns in the middle of adolescence by the end of 2027.”
According to salvation offer, the third Point plans for investors to recover 4,376,750 ordinary shares on September 19, 2025, which will modify the number of regular shares available for trading in the main market to 17,050,058 after the recovery process.
An additional announcement is expected when the salvation offer is completed.
“The third point for investors is the final touches on the acquisition of the reinsurance of Malibu Live” was originally created and published International Life InsuranceThe brand owned by Globaldata.
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